Ohio continues to improve for 4th straight month! Unemployment rate dropped again for March, going from 7.6% in February to 7.5% in March. That compares quite favorably to the 9.5% rate in December 2010 before the new governor, John Kasich, took office.
In December 2010, 560,000 people were unemployed. In February 2012, 443,000 were unemployed, and it further dropped to 438,000 in March 2012. That’s an additional 122,000 people with paychecks since Kasich’s tenure began.
The National continues to be above 8%, at 8.2%, so the State is out-performing the Nation.
Let’s hope the Governor continues his successes to bring or keep businesses here in Ohio which will certainly help our housing market. Now if the gas price issue would get fixed, we’d be in better shape.